Abu Dhabi Islamic Bank -Egypt

Modern Bank offering Financial Solution complying with Islamic Shareaa Rules

| cairo, Egypt

Banque Misr Down Town Cairo EG

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Telephone: +20222587090

90th

1234 cairo

Egypt

Telephone: +20222587090

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Egypt has initiated talks with the European Union and international partners on the second phase of the Macro-Financial Assistance mechanism.

The ministry underlined that merely 0.3 percent of grants got rejected, mostly because of not submitting the necessary documents.

Hassan El-Khatib, Minister of Investment and Foreign Trade, highlighted the vital contribution of Egyptians working abroad to the country's economy.

Data from the Central Bank of Egypt (CBE) showed that the monthly core inflation rate was 0.9 percent in December 2024.

The law specifies that the increase in Egypt's contribution to the IMF comes with a reservation.

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